OPKO Health Repurchases Approximately 2.4 Million Shares

OPKO Health (Ireland)

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June 21, 2011 8:00am EDT

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MIAMI--(BUSINESS WIRE)--

OPKO Health, Inc. (NYSE Amex: OPK) today announced that the Company

repurchased approximately 2.4 million shares of its common stock for

approximately $7.8 million, including commissions, from an early

investor in Acuity Pharmaceuticals, the Company's predecessor. The

repurchase was funded with cash on hand.

About OPKO Health, Inc.

We are a multi-national biopharmaceutical and diagnostics company that

seeks to establish industry-leading positions in large and rapidly

growing medical markets by leveraging our discovery, development and

commercialization expertise and our novel and proprietary technologies.

Our current focus is on conditions with major unmet medical needs

including neurological disorders, infectious diseases, oncology and

ophthalmologic diseases.

Source: OPKO Health, Inc.

Released June 21, 2011

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